March 31st, 2015
SCHEDULE AN APPOINTMENT
If you or a family member lives in South Florida, I invite you to contact me or schedule time for a consultation.
CONTACT THE FIRM
DID YOU KNOW?
11.3 million – Number of seniors 65 and older who engage in exercise walking at least six times a year. Exercise walking is by far the most popular sports activity for seniors (and also for younger adults), followed by exercising with equipment, net fishing, camping, golf and swimming.
More than one out of every eight baby boomers are simultaneously raising a child and providing some for of financial assistance to their parents, and nearly 10 million boomers over 50 are caring for an aging parent.
9.1 million – Estimated number of seniors age 65 and older who are military veterans.
About 3-in-10 – The number of mass market, or “pocket sized” books purchased in 2004 by seniors age 65+, compared to the entire adult population.
67,473 – The estimated number of centenarians (people age 100 or older) in the United States on Nov. 1, 2005.
580,605 – Projected number of centenarians in the United States in 2040.
The average annual rate of a private room in nursing homes in Florida now costs $82,125 while a semi-private room is about $74,825. The most expensive ones can be found in metro areas of Naples and West Palm Beach wherein average daily rates are $313 and $247, respectively. Assisted living facilities are also most expensive in Naples, costing residents about $4,600 a month.
Federal law affords residents of nursing homes certain rights:
1. The right to participate in your care planning along with the right to refuse particular treatments.
2. The right to privacy and to be treated with dignity and respect.
3. The right to have your own physician and/or pharmacy.
4. The right to be free from restraints.
5. The right to be informed of nursing home policies and procedures.
6. The right to know about all medical care and conditions.
7. The right to know of the services the facility provides and the exact charges for such services.
8. The right to privacy when it comes to your medical records.
9. The right to use your own clothing and possessions.
10. The right to manage personal finances.
11. The right to be free from abuse in any form including: physical, sexual, neglect or isolation.
12. The right to stay at a nursing home as long as the facility is capable of attending to medical needs, payment is timely made and the facility continues to operate.
13. The right to speak freely about poor care.
14. The right to have visitors.
Male Population Age 60+ — 1,844,168
Female Population Age 60+ — 2,313,656
5 million – Number of seniors age 65 and older who have jobs.
Between 2009 and 2030, Florida’s population is forecast to grow by almost 5.1 million. Florida’s older population (age 60 and older) will account for most of Florida’s population growth, representing 64.4 percent of the gains. Population aged 65 and over is forecast to represent 26.0 percent in 2030, compared to 17.6 percent in 2000 and 17.5 percent in 2009.
78 percent – Percentage of householders age 65 and older who own a motor vehicle.
3 percent – Percentage of households with a householder age 65 or older who have three or more cars available to use.
“The thing about quotes on the internet is you cannot confirm their validity” – Abraham Lincoln
According to the Agency for Health Care Administration, at present there are 3,428,858 Medicaid beneficiaries in Florida, 70,000 persons in nursing homes, with 49,000 nursing home residents on Medicaid.
147 percent – The projected percentage that the 65+ senior population will increase between 2000 and 2050.
The U.S. population as a whole is expected to increase by only 49 percent during same period.
According to House Redistricting Committee, Congressional Redistricting Subcommittee, House Redistricting Subcommittee, and Senate Redistricting Subcommittee April 2011 report on Florida Demographics, presented by the The Florida Legislature Office of Economic and Demographic Research, Florida is still on track to break the 20 million mark by the end of 2015, becoming the third most populous state sometime before then – surpassing New York.
72 – The number of men age 65 and older for every 100 women in the same age group. In the 85 and over group, there are 45 men per 100 women.
Population of Florida Age 60+ — 4,157,824
Population of Florida Age 60+ Living Alone — 958,220
Population of Florida Age 60+ Living in Rural Areas — 408,945
According to the most recent statistics available from the Agency for Health Care Administration, the average cost of nursing home care in South Florida is approximately $6,800 per month. The average stay in nursing care is 2.7 years (and up to 5.4 years, for individuals with dementia).
39 percent – Percentage of total annual personal income of seniors 65+ that comes from Social Security payments.